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Synnefa Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹47.13 Lakh
▼ 30% YoY
Net loss · FY 2025
₹7.31 Lakh
Net margin -15.5%
EBITDA · FY 2025
-₹5.31 Lakh
EBITDA margin -11.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Synnefa Technologies Private Limited
Data last updated:
Synnefa Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC115419. Its GSTIN is 29ABACS6739G1Z0 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deepak Patil Sudhakar and Neeraj Suresh Malve.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 778 9th Main Road 1st Stage Indira Nagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.13 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹7.31 Lakh (net margin -15.5%) and EBITDA of -₹5.31 Lakh (EBITDA margin -11.3%). Revenue has grown at a compounded annual rate (CAGR) of 158% over three years and 51% over five years.
The company is associated with 3 brands: CloudCare24x7, MedGPX and Synnefa Technologies.
Synnefa Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0037298). For more details, the company can be reached via its website synnefatech.com.
Company details
CIN U72900KA2018PTC115419
Registration Number 115419
Incorporation Date 10 August 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0037298
Recognitions & Rankings of Synnefa Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0037298
Contact details
Synnefa Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is synnefatech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 778 9th Main Road 1st Stage Indira Nagar, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Synnefa Technologies Private Limited, buy the company report.
Comprehensive company report
Synnefa Technologies Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Synnefa Technologies operates multiple associated brands including CloudCare24x7, MedGPX, and Synnefa Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides managed cloud services, system administration, DevOps consulting, and IT support for businesses. | cloudcare24x7.com | |
| Cloud-based software for radiology reporting, image management, and compliance. | medgpx.com | |
| Delivers comprehensive IT solutions, including application development and staffing services. | synnefatech.com |
Business activity
The main business activity of Synnefa Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Synnefa Technologies Private Limited, buy the company report.
Financials of Synnefa Technologies Private Limited
FY 2025 filings availableSynnefa Technologies Private Limited reported revenue of ₹47.13 Lakh (down 30% YoY) for FY 2025.
Revenue · FY 2025
₹47.13 Lakh ▼ 30%
Net loss · FY 2025
₹7.31 Lakh margin -15.5%
EBITDA · FY 2025
-₹5.31 Lakh margin -11.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 158%
5 years · compounded
▲ 51%
EBITDA CAGR growth
1 year
▼ 81%
3 years · compounded
▲ 28%
5 years · compounded
▼ 13%
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 51%. EBITDA fell 81% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹5.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.31 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.3% | ||||
| Net Profit Margin | -15.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Synnefa Technologies Private Limited, buy the company report.
Board of directors of Synnefa Technologies Private Limited
Synnefa Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Patil Sudhakar | Director | 10 Aug 2018 | 8 Years 2 Months | Current |
| Neeraj Suresh Malve | Director | 10 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Synnefa Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Getwings Technologies Private Limited (OPC) | ₹47.26 Lakh (FY 2025) | -35.0% | Ahmedabad, Gujarat, India | |||
| Barefoot Lightning India Private Limited | ₹47.25 Lakh (FY 2024) | 645.0% | Jaipur, Rajasthan, India | |||
| Eliteexceed Private Limited | ₹47.25 Lakh (FY 2024) | 142.0% | Hyderabad, Telangana, India | |||
| Kat-I Infotech Private Limited | ₹47.22 Lakh (FY 2025) | 44.0% | Pune, Maharashtra, India | |||
| Ebenezar Communications Private Limited | ₹47.2 Lakh (FY 2024) | 22.0% | Gummidipoondi, Tamil Nadu, India | |||
| Synnefa Technologies Private Limitedthis company | ₹47.13 Lakh (FY 2025) | -₹7.31 Lakh | -15.5% | -30.0% | Bangalore, Karnataka, India | |
| Arthin Infotech Private Limited | ₹47.08 Lakh (FY 2023) | Lucknow, Uttar Pradesh, India | ||||
| Vishyam Online Services Private Limited | ₹47.07 Lakh (FY 2024) | 1129.0% | Howrah, West Bengal, India | |||
| Shikhar Broadband Enterprises Private Limited | ₹47.06 Lakh (FY 2025) | -15.0% | Patna, Bihar, India | |||
| Sri Samarth Infobahn Private Limited | ₹47.06 Lakh (FY 2024) | 4.0% | Mumbai, Maharashtra, India | |||
| Enven Technologies (OPC) Private Limited | ₹47.05 Lakh (FY 2024) | 190.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Synnefa Technologies Private Limited, buy the company report.
Auditor
Synnefa Technologies Private Limited is audited by GURUCHARAN AND HARSHINI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GURUCHARAN AND HARSHINI | FY 2023 | 015566S |
Shareholding
The shareholding of Synnefa Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Synnefa Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Synnefa Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Synnefa Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Synnefa Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABACS6739G1Z0 | Karnataka | Active | 15 Jan 2019 |
| 27ABACS6739G1Z4 | Maharashtra | Active | 01 Apr 2020 |
To see the full GST registrations and return filing status of Synnefa Technologies Private Limited, buy the company report.
Recent activity
Synnefa Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Deepak Patil Sudhakar was appointed as Director on 10 Aug 2018.
AGM
Synnefa Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Synnefa Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Deepak Patil Sudhakar was appointed as Director.
Appointed
Neeraj Suresh Malve was appointed as Director.
Incorporation
10 Aug 2018
Synnefa Technologies Private Limited was registered on 10 Aug 2018 with Roc Bangalore & aged 8 years 3 months as per MCA records.
Frequently asked questions
Synnefa Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 August 2018 (8+ years old) and is registered under CIN U72900KA2018PTC115419.
Synnefa Technologies has 2 current directors:
- Deepak Patil Sudhakar - Director
- Neeraj Suresh Malve - Director
The latest financial statements of Synnefa Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Synnefa Technologies is 29ABACS6739G1Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27ABACS6739G1Z4 (Maharashtra).
The CIN (Corporate Identification Number) of Synnefa Technologies is U72900KA2018PTC115419. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synnefa Technologies was incorporated on 10 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Synnefa Technologies by revenue are Getwings Technologies Private Limited (OPC), Barefoot Lightning India Private Limited, Eliteexceed Private Limited, Kat-I Infotech Private Limited, Ebenezar Communications Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Deepak Patil Sudhakar was appointed as Director on 10 Aug 2018. Neeraj Suresh Malve was appointed as Director on 10 Aug 2018.
Yes, Synnefa Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Synnefa Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0037298).
Synnefa Technologies can be reached through the website synnefatech.com. Its registered office is in Bangalore, Karnataka, India.
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